Asia

The tax burden in Korea—at 26 percent of gross domestic product (GDP) —was well below the average of the member countries of the Organization for Economic Cooperation and Development (OECD)…

There may have been no one who anticipated the bankruptcy of Lehman Brothers, once one of the top five global investment banks. The shocking news reverberated through the Korean financial…

Korea’s economy in 2008 was adversely impacted by high commodity prices, especially oil, and by financial and real shocks started by the collapse of housing prices in the United States…

The twenty-first century has already been dubbed the Asian century. Although this nomination may be premature, it is certain that its fi rst decade belongs to Asia. This is reflected…

With worldwide familiarity of Korean pop culture increasing through the viral exposure of Korean musician Psy’s hit record “Gangnam Style”, this episode Korean Kontext speaks to Mark James Russell, author…

In this episode we spoke to B.R. Myers, author of “The Cleanest Race” and regular contributor to the New York Times, Wall Street Journal, and The Atlantic.  Having been raised…

In this interview Korea Kontext speaks with Dr. Jennifer Lind, assistant professor at the Department of Government, Dartmouth College.  Well known for her work on North Korea and N.E. Asia…

In this episode we spoke to comedian and actor Steven Byrne, of the brand new TBS series “Sullivan and Sons”.  Known as one of the hardest working and energetic comics in…

By Sarah K. Yun  On November 8, China will begin its once-in-a-decade leadership transition at the 18th Party Congress. The current vice president Xi Jinping is expected to be named the general secretary and de facto leader of the country, while Li Keqiang is set to become prime minister, largely overseeing economic policies.  Xi is…

In this week's Asan Institute for Policy Studies public opinion poll Ahn Cheol-soo and Moon Jae-in remain deadlocked in the race for the race to be the progressive standard bearer in the December presidential election. Ahn and Park Geun-hye also remain neck and neck in a hypothetical two way race, with Park leading a three…

By Luke Herman As the Kim Jong Un regime completes its eighth month in power following Kim Jong Il’s death in December 2011, there seem to be a number of differences between how this succession is being carried out with how it was carried out in 1994. For one thing, it has proceeded at a…

By Clare Hubbard The 2012 Heritage Foundation/ Wall Street Journal Index of Economic Freedom ranks North Korea last, after Cuba and Zimbabwe, with an economic freedom score of 1.  However, in the mid-1990s famine when women and men had to focus on securing food by generating income and bartering for staples and foodstuffs, small-scale markets…